NASCON ALLIED INDUSTRIES PLC

NASCON Allied Industries Plc was established in 1973 as the National Salt Company (NASCON), initially as a joint venture between the Federal Military Government of Nigeria and Atlantic Salt & Chemical Inc.. Its founding mandate focused on refining salt to meet Nigeria's domestic demand. The company evolved, becoming a private entity in 1991 and subsequently listing publicly in 1992. It operates as a subsidiary of Dangote Industries Limited, which acquired controlling shares, leading to a reverse takeover by Dangote Salt Limited in 2007. The company officially adopted its current name, NASCON Allied Industries Plc, in July 2015 to reflect its expanded product portfolio beyond salt. The core business of NASCON Allied Industries Plc involves the processing of raw salt into various refined, edible, and industrial-grade salts. Its diverse product offerings include table salt, pure dried and vacuum (PDV) salt, tannery salt, butter salt, and both edible and non-edible industrial salts. Over time, the company diversified its operations to include other food products such as vegetable oil, tomato paste, seasonings, and spices, including stew mix and curry powder, as well as seasoning cubes. These products are primarily marketed under the "Dangote Salt" and "Dan Q" brands. NASCON Allied Industries Plc serves the Nigerian market extensively, with production facilities strategically located across Lagos State (Apapa and Oregun), Ogun State (Ota), and Rivers State (Port Harcourt). The company maintains a strong footprint throughout Nigeria, distributing its products to wholesalers, confectioners, supermarkets, and retailers.